Latest Everest Re Headlines
All the headlines from our Everest Re Topic Page, ordered by recency.
Everest Re Posts $257.8 Mn Q4 Operating Net Income; FY $518 Mn
Feb 11 2011 // The Bermuda-based Everest Re Group reported fourth quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $257.8 million, or $4.70 per diluted common share, compared to after-tax...
Ratings Recap: Everest Re (Canada), Cologne Re (Ireland), Gulf Insurance
Feb 2 2011 // A.M. Best Co. has assigned a financial strength rating of ‘A+’ (Superior) and an issuer credit rating of “aa-” to Everest Insurance Company of Canada (EvCan), both with stable outlooks. Best noted...
Everest Re Group Finalizes Acquisition of Heartland Crop Insurance
Jan 4 2011 // The Bermuda-based Everest Re Group has acquired the business and operations of Heartland Crop Insurance, Inc., a managing general agent, for $55 million plus the agreed upon value of the net assets of the agency, with an...
Everest Re in Negotiations to Acquire Heartland Crop Insurance
Dec 17 2010 // The Bermuda-based Everest Re Group announced that it has entered into discussions with Heartland Crop Insurance, Inc. regarding a potential acquisition of the Kansas-based company by Everest Reinsurance Holdings, Inc. or...
Everest Re Management Shakeup: Taranto Stays; Jones Leaves
Oct 14 2010 // The Everest Re Group’s Board of Directors has announced that Joseph V. Taranto has accepted its request to reconsider his decision to retire and will remain as Chairman and CEO through December 31, 2012. At the same...
Everest Re Posts $156.7 Million Q2 Net Income; CEO Taranto to Step Down
Jul 29 2010 // The Bermuda-based Everest Re Group reported second quarter 2010 after-tax operating income, which excludes net realized capital gains and losses, of $184.8 million, or $3.18 per diluted common share, compared to after-tax...
Everest Re Posts $22.7 Million Q1 Net Loss; Operating Loss $73.8 Million
Apr 30 2010 // The Bermuda-based Everest Re Group reported a net loss of $22.7 million, or $0.38 per common share, for the first quarter 2010, compared to net income of $108.6 million, or $1.76 per diluted common share, for the first...
Former Mass. Commissioner Singer Joins Everest Re Board
Feb 26 2010 // The Bermuda-based Everest Re Group announced the appointment of Roger M. Singer to its Board of Directors, effective February 24, 2010. He formerly served as Senior Vice President, General Counsel and Secretary for One...
Everest Re Q3 Net Income $228.6 Million; Conference Call Today
Oct 29 2009 // The Bermuda-based Everest Re Group, Ltd. reported third quarter 2009 net income of $228.6 million, or $3.75 per diluted common share, compared to a net loss of $233.1 million, or $3.79 per common share, for the third...
Ratings Recap: Dah Sing, Everest Re, Omnium, First Takaful, TATIL
Sep 4 2009 // A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Bermuda-based Dah Sing Insurance Company Limited (DSI) with stable outlooks. “The...
Gallagher to Retire from Everest Re
Sep 2 2009 // The Bermuda-based Everest Re Group announced today that Thomas J. Gallagher, Vice Chairman and Chief Underwriting Officer, has advised the Company of his decision to retire, effective October 9, 2009. He served as...
Ratings: Everest Re (Ireland), Bosna Re, Peace Hills, Farmers (NZ), Swiss Re (debt), Optimum
Jun 18 2009 // Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re...
Best Affirms Everest Re’s ‘A+’ Ratings; Stable Outlook
Jun 10 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the Bermuda-based Everest Re Group, Ltd.’s reinsurance and...
Ratings Recap: Allianz, Swiss Re (Notes), Everest Re (Ireland), Civic
May 18 2009 // Standard & Poor’s Ratings Services issued a statement that its ratings and outlook on Germany’s Allianz SE (AZSE), currently ‘AA’/Stable/’A-1+’, and various core operating entities...
Everest Re Names Addesso VP-CFO
May 11 2009 // The Bermuda-based Everest Re Group has appointed Dominic J. Addesso to the position of Executive Vice President and Chief Financial Officer, effective May 8, 2009. He joins Everest from Munich Re America where he held the...
Everest Re Reports Q1 Net Income of $108.6 Million
May 1 2009 // The Bermuda-based Everest Re Group reported first quarter 2009 after-tax operating income, which excludes realized capital gains and losses and gain on debt repurchase, of $106.1 million, or $1.73 per diluted share,...
Ratings Recap: Everest Re (Notes), Int’l. Hannover, China Int’l., Transmonde
Mar 20 2009 // Standard & Poor’s Ratings Services said that its ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc. (both rated ‘BBB+’...
Ratings Recap: Everest Re, NIPPONKOA, Sompo, Evergreen Re, Endurance
Mar 17 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based intermediary holding company, Everest Reinsurance Holdings Inc., to...
Everest Re Posts $16.6 Million Q4 Net Loss; $18.7 Million FY Loss
Feb 12 2009 // The Bermuda-based Everest Re Group reported an overall net loss of $16.591 million, or $0.27 per share, for the fourth quarter of 2008 compared to net income of $12.2 million, or $0.19 per diluted share, for the same...
Everest Re to Release Q4, FY Earnings Today; Conference Call Details
Feb 11 2009 // The Bermuda-based Everest Re Group will release its Fourth Quarter 2008 earnings after close of trading on the NYSE on February 11, 2009. A conference call discussing the results will be held at 8:30 a.m. Eastern Time on...
